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Compute the monthly payment and the total amount spent for a vehicle that costs $20,000 if you finance the entire purchase over 5 years at

Compute the monthly payment and the total amount spent for a vehicle that costs $20,000 if you finance the entire purchase over 5 years at an annual interest rate of 6 percent. Calculate the payment if you finance the car for only 4years. Finally, calculate th4e payment for 3 years. What do you notice about the payment under the different time assumptions?

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